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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

TSX:TID - Post Discussion

Tuscany International Drilling Inc > Uh-Oh, Some News Recognizing Our Equity Committee
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Post by Popps on Mar 18, 2014 5:16pm

Uh-Oh, Some News Recognizing Our Equity Committee

Thanx  again  to  the  the  folks  making  up  the  core  of  this  effort  and  who  have  worked  dilligently  in  our  behalf ! !
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Equity Holders Say Tuscany Mum On Ch 11 Sale Plan
 
Law360, Wilmington (March 17, 2014, 9:50 PM ET) -- The newly formed equity committee in the Tuscany International Drilling Inc. Chapter 11 contended in Delaware bankruptcy court Monday that it is being “stonewalled” by the debtor regarding information about the company's plan to sell its assets in a stalking horse auction.
 
In a teleconference before U.S. Bankruptcy Judge Kevin Gross, equity committee attorney Kerri K. Mumford of Landis Rath & Cobb LLP claimed that shareholders haven't received “a single piece of paper” regarding pre- or post-petition marketing of the oil and gas exploration firm's assets,...
To view the full article, take a free trial now.  ( I didn't persue that )  Popps
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